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You work at a car dealership, and you want to quote an appropriate interest rate to your clients. You want to actually charge your
You work at a car dealership, and you want to quote an appropriate interest rate to your clients. You want to actually charge your clients 8.08% per year. What is the rate you quote as an APR with compounding every two weeks (there are 52 weeks in a year)?
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Modern Advanced Accounting in Canada
Authors: Hilton Murray, Herauf Darrell
8th edition
1259087557, 1057317623, 978-1259087554
